Qatar Mobile Payments Market Size, Share, Trends and Forecast by Payment Type, Application, and Region, 2025-2033

Qatar Mobile Payments Market Overview:

The Qatar mobile payments market size reached USD 5,410.38 Million in 2024. The market is projected to reach USD 21,173.71 Million by 2033, exhibiting a growth rate CAGR of 16.37% during 2025-2033. The market is driven by the adoption of digital wallets, integration with e-commerce and retail platforms, and contactless payment technologies. Consumers increasingly prefer secure, fast, and convenient transactions, while businesses leverage mobile solutions to enhance customer engagement. Technological advancements, government initiatives, and modern infrastructure are supporting widespread adoption, fostering a seamless, cashless ecosystem. These developments are shaping payment behaviors and driving sustained growth, positively influencing the Qatar mobile payments market share.

Qatar Mobile Payments Market Trends:

Increasing Digital Wallet Adoption

The market for mobile payments in Qatar is growing swiftly with the rising use of digital wallets by consumers and businesses. Digital wallets' convenience, speed, and security features prompt customers to move away from older cash and card-based payments to mobile. Retailers, restaurants, and service providers are including mobile payment facilities in their point-of-sale networks to cater to consumers. Government policies supporting cashless transactions and smart city infrastructure also spur adoption. Digital wallets are also facilitating smooth peer-to-peer transfers, bill payments, and e-commerce purchases, building a strong ecosystem for mobile financial services. The trend is driving financial inclusion by delivering secure, convenient payment alternatives to diverse groups of individuals, such as expatriates and technophiles. Consequently, mobile wallets are becoming core to the payment economy of Qatar, complementing larger digital transformation efforts.

Convergence with E-Commerce and Retail Platforms

Mobile payments integration with retail and e-commerce platforms is one of the most significant drivers of Qatar mobile payments market trends. The consumers are increasingly adopting convenient checkout processes through their smartphones for online and offline purchases. The retailers are using mobile payment platforms to promote customer engagement, loyalty initiatives, and targeted offers. Contactless, QR code-based, and app-based modes of payment are gaining acceptance in shopping malls, supermarkets, and convenience stores. This convergence makes payments easier, minimizes cash dependency, and offers extensive transaction information to businesses. As per sources, in September 2025, Indian travellers can now make UPI payments across Qatar through a partnership between NPCI International and Qatar National Bank, enabling seamless QR code-based transactions at QNB merchant locations, including major tourist attractions and Qatar Duty Free, reducing cash dependence and currency exchange issues. Furthermore, mobile payments are enabling cross-border transactions and remittances with the large expat population. Constant improvement in technology and the use of secure authentication mechanisms, like biometric authentication, enhance consumer trust. The convergence of mobile payment infrastructure with e-commerce and retail infrastructure is leading to an integrated financial ecosystem, facilitating long-term market growth.

Contactless and NFC Payment Technology Adoption

Contactless and near-field communication (NFC) payment technologies are revolutionizing the Qatar mobile payments industry. These payment technologies offer quick, secure, and easy payment methods that do not require physical cards or cash. Customers are increasingly using NFC-enabled smartphones, wearables, and smart devices for payment purposes in retail, transportation, hospitality, and service industries. Contactless solutions expedite transaction times, improve hygiene, and comply with global digital payment standards. The convergence of NFC with loyalty schemes and mobile banking services enhances the ecosystem, driving repeated use. Regulatory environments conducive to secure online transactions and investments in mobile infrastructure also promote adoption. Contactless payments' broad acceptance in public and private realms is influencing behavior, speeding up cashless growth, and creating a new, streamlined payment landscape that's continuously propelling the Qatar mobile payments market growth.

Qatar Mobile Payments Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on payment type and application.

Payment Type Insights:

• Proximity Payment
  • Near Field Communication (NFC)
  • Quick Response (QR) Code
• Remote Payment
  • Internet Payments
  • Direct Operator Billing
  • Digital Wallet
  • SMS Payments

The report has provided a detailed breakup and analysis of the market based on the payment type. This includes proximity payment (near field communication (NFC) and quick response (QR) code) and remote payment (internet payments, direct operator billing, digital wallet, and SMS payments).

Application Insights:

• Entertainment
• Energy and Utilities
• Healthcare
• Retail
• Hospitality and Transportation
• Others

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes entertainment, energy and utilities, healthcare, retail, hospitality and transportation, and others.

Regional Insights:

• Ad Dawhah
• Al Rayyan
• Al Wakrah
• Others

The report has also provided a comprehensive analysis of all the major regional markets, which include Ad Dawhah, Al Rayyan, Al Wakrah, and others.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Qatar Mobile Payments Market News:

• October 2025: Ooredoo Fintech partnered with PayPal to join PayPal World, enabling seamless global payments for consumers and merchants. The collaboration enhances cross-border transactions, expands wallet accessibility, and strengthens Qatar’s digital financial ecosystem, supporting the country’s growth in mobile and digital payment services.
• March 2025: Doha Bank and Ooredoo Money, a subsidiary of Ooredoo Fintech, signed an MOU at Web Summit Qatar 2025 to collaborate on fintech initiatives. The partnership aims to enhance digital banking services, promote financial inclusion, and accelerate the growth of Qatar’s fintech ecosystem through advanced, secure, and innovative solutions.

Qatar Mobile Payments Market Report Coverage:

Key Questions Answered in This Report:

• How has the Qatar mobile payments market performed so far and how will it perform in the coming years?
• What is the breakup of the Qatar mobile payments market on the basis of payment type?
• What is the breakup of the Qatar mobile payments market on the basis of application?
• What is the breakup of the Qatar mobile payments market on the basis of region?
• What are the various stages in the value chain of the Qatar mobile payments market?
• What are the key driving factors and challenges in the Qatar mobile payments market?
• What is the structure of the Qatar mobile payments market and who are the key players?
• What is the degree of competition in the Qatar mobile payments market?

Key Benefits for Stakeholders:

• IMARC's industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Qatar mobile payments market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Qatar mobile payments market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Qatar mobile payments industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.